New Mexico Treasurer
|New Mexico State Treasurer|
|Office website:||Official Link|
|2012 FY Budget:||$3,695,700|
|Term limits:||Two consecutive terms|
|Length of term:||4 years|
|Authority:||New Mexico Constitution, Article V, Section I|
|Name:||James B. Lewis|
|Next election:||November 4, 2014|
|Last election:||November 2, 2010|
|Other New Mexico Executive Offices|
|Governor • Lieutenant Governor • Secretary of State • Attorney General • Treasurer • Auditor • Commissioner of Public Lands • Secretary of Education • Agriculture Secretary • Insurance Superintendent • Secretary of Energy, Minerals and Natural Resources • Secretary of Workforce Solutions • Public Regulation Commission • Public Education Commission|
The treasurer is responsible for providing banking services to the state. The Treasurer reconciles the state's bank accounts, pays any outstanding debts or loans held by the state and invests the state's money in operations and bonds as well as investing in local issues as needed. The main purpose of the office is to manage and invest state monies.
The treasurer is elected every four years.
The current treasurer of New Mexico is James B. Lewis (D). He was first elected in 2006 and is serving in his second term.
Under Article V, Section 1:
The executive department shall consist of a governor, lieutenant governor, secretary of state, state auditor, state treasurer, attorney general and commissioner of public lands,...
- A citizen of the United States
- At least 30 years of age
- Have resided continuously in New Mexico for five years preceding the election
New Mexico elects treasurers in the midterm elections, that is, even years that are not Presidential election years. For New Mexico, 2006, 2010, 2014, and 2018 are all treasurer election years.
The State Treasurer is limited to serving two consecutive four-year terms.
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Note: Ballotpedia's state executive officials project researches state official websites for information that describes the divisions (if any exist) of a state executive office. That information for the New Mexico Treasurer has not yet been added. After extensive research we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this section and/or page, please email us.
The budget for the State Treasurer's Office in Fiscal Year 2012 was $3,695,700.
In 2013, the treasurer's salary remained at $85,000.
Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders. That information for the New Mexico Treasurer has not yet been added because the information was unavailable on the relevant state official websites, or we are currently in the process of formatting the list for this office. If you have any additional information about this office for inclusion on this section and/or page, please email us.
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New Mexico State Treasurer's Office
2019 Galisteo Street, Building K
Santa Fe NM 87504-0608
- Governor: Susana Martinez (R)
- Lieutenant Governor: John A. Sanchez (R)
- Attorney General: Gary King (D)
- Auditor of State: Hector Balderas (D)
- Secretary of State: Dianna Duran (R)
- Secretary of Agriculture: Jeff Witte
- Treasurer of State: James B. Lewis (D)
- New Mexico State Treasury, "What the Treasurer's Office DOES," January 31, 2014
- Scribd, "State of New Mexico Executive Budget Recommendation Fiscal Year 2014," accessed June 12, 2013
- Council of State Governments, Table 4.11 Selected State Administrative Officials: Annual Salaries, accessed January 31, 2014
- The Council of State Governments,"The Book of States 2010 Table 4.11," retrieved June 22, 2011